Economic Gateway http://econdev.elkrivermn.gov City of Elk River Economic Development News RSS Feed Mon, 20 Aug 2018 19:05:50 -0700 en-us Avalon Salon: Fostering Beauty, Opportunity and Community http://econdev.elkrivermn.gov/elk-river/news/?item=18707 econdev.elkrivermn.gov/elk-river/news Wed, 15 Aug 2018 00:00:00 -0700 Tamara Ackerman is the stylist turned entrepreneur behind Avalon Salon in downtown Elk River. Through her business, she empowers other cosmetologists and gives back to the community. Ackerman a... First-Time Buyers Get Mortgage Rate Reprieve for Now http://econdev.elkrivermn.gov/elk-river/news/?item=18366 econdev.elkrivermn.gov/elk-river/news Wed, 01 Aug 2018 00:00:00 -0700 Mortgage rates continued to decline in the month of June, providing first-time buyers with a reprieve from rising rates for home loans at the same time that property values are increasing. Fre... New Challenges to Preserving Affordable Housing http://econdev.elkrivermn.gov/elk-river/news/?item=18365 econdev.elkrivermn.gov/elk-river/news Tue, 31 Jul 2018 00:00:00 -0700 More than a million units of affordable housing could slip out of the requirements that keep them affordable. “The nation’s stock of both assisted and privately owned low-cost rentals i... Understanding Property Taxes: A Breakdown for First Time Homebuyers http://econdev.elkrivermn.gov/elk-river/news/?item=18364 econdev.elkrivermn.gov/elk-river/news Mon, 30 Jul 2018 00:00:00 -0700 To understand property taxes, it may help to start with something more familiar: Sales taxes. Imagine you're at a restaurant and you order $23 worth of food. But, when you received the bill, the t... Report: Affordable housing is a problem statewide http://econdev.elkrivermn.gov/elk-river/news/?item=18363 econdev.elkrivermn.gov/elk-river/news Sun, 29 Jul 2018 00:00:00 -0700 In Minnesota, lack of affordable housing sometimes gets talked about like it's a problem mainly in the Twin Cities. But according to an annual report by the Minnesota Housing Partnership, someo... Anoka Tech has new automotive technology http://econdev.elkrivermn.gov/elk-river/news/?item=18362 econdev.elkrivermn.gov/elk-river/news Fri, 27 Jul 2018 00:00:00 -0700 College Automotive Technology program recently underwent some major changes, including new equipment and new partnerships. The Automotive Technology program, has a new virtual vehicle diagnostic la... Cybersecurity degree program now offered at Anoka-Ramsey Community College http://econdev.elkrivermn.gov/elk-river/news/?item=18361 econdev.elkrivermn.gov/elk-river/news Thu, 26 Jul 2018 00:00:00 -0700 Building on the Information Technology programs, Anoka-Ramsey Community College will offer a new Associate of Science in Cybersecurity beginning in the fall. Students who enroll in the Cybersecurit... In a tight labor market, Minnesota employers look to an under-utilized labor pool: workers with disabilities http://econdev.elkrivermn.gov/elk-river/news/?item=18360 econdev.elkrivermn.gov/elk-river/news Wed, 25 Jul 2018 00:00:00 -0700 On the main floor of the Minneapolis-based Minnesota Diversified Industries (MDI), Karen Howson is busy arranging piles of flat plastic sheets and transferring them to a nearby production li... This Minnesota Startup Built a National Directory for Women-Owned Businesses http://econdev.elkrivermn.gov/elk-river/news/?item=18359 econdev.elkrivermn.gov/elk-river/news Tue, 24 Jul 2018 00:00:00 -0700 MAIA launched earlier this year with a straightforward, single-minded goal: to compile a huge list of women-owned businesses and turn it into an easily-searchable online directory. By developing a ... Everything You Need to Know About Minnesota’s Startup Incubators and Accelerators http://econdev.elkrivermn.gov/elk-river/news/?item=18358 econdev.elkrivermn.gov/elk-river/news Mon, 23 Jul 2018 00:00:00 -0700 Getting a startup off the ground is hard work, but incubators and accelerators are there to help. They provide early-stage companies with essential resources such as a workspace, mentorship, and often... More MN workplaces offering 'Summer Fridays' http://econdev.elkrivermn.gov/elk-river/news/?item=18357 econdev.elkrivermn.gov/elk-river/news Sun, 22 Jul 2018 00:00:00 -0700 According to a recent survey more than 40 percent of employees will get out of work early or may not even have to work at all on Fridays during the summer. MINNEAPOLIS - Companies are working hard ... Jobs Bounce Back in May – After Weather-related Hiring Pause http://econdev.elkrivermn.gov/elk-river/news/?item=18355 econdev.elkrivermn.gov/elk-river/news Fri, 20 Jul 2018 00:00:00 -0700 Minnesota’s unemployment rate for May dropped to 3.1 percent, with the addition of 10,200 jobs.    With those gains, the state has added 29,188 jobs in the past year, a 1 percent gr... Minnesota Business Firms Expect Unchanged Conditions for 2019 http://econdev.elkrivermn.gov/elk-river/news/?item=18354 econdev.elkrivermn.gov/elk-river/news Thu, 19 Jul 2018 00:00:00 -0700 Firms point to stability in the state’s overall economy ST. PAUL – Minnesota business services firms feel positive about the economy, with nearly 90 percent expecting sales revenue... Housing Forum Addresses Needs in Minnesota http://econdev.elkrivermn.gov/elk-river/news/?item=17827 econdev.elkrivermn.gov/elk-river/news Fri, 06 Jul 2018 00:00:00 -0700 Governor's Housing Task Force Met with Northeastern Minnesota Housing Leaders DULUTH, Minn. – Experts say there is not enough housing for the growing workforce in Minnesota. Members of... The state’s role in financing regional housing priorities: Minnesota’s Consolidated RFP http://econdev.elkrivermn.gov/elk-river/news/?item=17826 econdev.elkrivermn.gov/elk-river/news Mon, 02 Jul 2018 00:00:00 -0700 Like most public sector funders, Minnesota Housing, the state’s housing finance agency, strives to make sure that our limited resources encourage housing developers and other private s... Counterpoint: Don't discount the role of state investment in affordable housing http://econdev.elkrivermn.gov/elk-river/news/?item=17825 econdev.elkrivermn.gov/elk-river/news Fri, 29 Jun 2018 00:00:00 -0700 Bonding money has helped thousands get homes across Minnesota when other options don't exist.  “I watched this place be built and I remember praying and praying to get in. This was m... 12 Minnesota Small Businesses, Leaders Honored During National Small Business Week http://econdev.elkrivermn.gov/elk-river/news/?item=17818 econdev.elkrivermn.gov/elk-river/news Wed, 27 Jun 2018 00:00:00 -0700 Companies and individuals were chosen based on their community involvement and strides in starting or helping small businesses. Twelve small businesses and business leaders in Minnesota were recogn... Why affordable housing advocates remain cautiously optimistic about this year’s legislative session http://econdev.elkrivermn.gov/elk-river/news/?item=17824 econdev.elkrivermn.gov/elk-river/news Wed, 27 Jun 2018 00:00:00 -0700 Affordable housing was one of those issues that was expected to get some attention during the 2018 session of the Minnesota Legislature. It had been a prime issue in city elections in St. Paul and Min... Confidence growing among Minnesota small-business owners, according to USB survey http://econdev.elkrivermn.gov/elk-river/news/?item=17817 econdev.elkrivermn.gov/elk-river/news Tue, 26 Jun 2018 00:00:00 -0700 Competition from big business has replaced "uncertainty" about the future as the chief concern among small business owners nationally, according to the ninth annual U.S. Bank Small Business ... 2019 Final Four to bring $142M, 94,000 visitors to Twin Cities, analysis claims http://econdev.elkrivermn.gov/elk-river/news/?item=17816 econdev.elkrivermn.gov/elk-river/news Mon, 25 Jun 2018 00:00:00 -0700 Event at U.S. Bank Stadium in 2019 will attract 94,000 visitors — and their wallets.  The economic impact estimate is in for the 2019 Final Four at U.S. Bank Stadium, so let the debate b... Craft beer flowing since Aegir opened http://econdev.elkrivermn.gov/elk-river/news/?item=17823 econdev.elkrivermn.gov/elk-river/news Mon, 25 Jun 2018 00:00:00 -0700 Elk River’s first craft brewery off to good start as brothers look to make it a popular gathering spot Elk River’s first craft brewery has opened in downtown Elk River, and judging by t... How Job Fairs Can Help Experienced Workers http://econdev.elkrivermn.gov/elk-river/news/?item=17815 econdev.elkrivermn.gov/elk-river/news Fri, 22 Jun 2018 00:00:00 -0700 Well-run live career fairs can be an important tool for the older job seeker who knows how to use them. Here are eight reasons they can be very productive for older job seekers. ... Ashley HomeStore, Furniture Mart give to CAER http://econdev.elkrivermn.gov/elk-river/news/?item=17822 econdev.elkrivermn.gov/elk-river/news Fri, 22 Jun 2018 00:00:00 -0700 In support of the Minnesota FoodShare March Campaign, Ashley HomeStore and Furniture Mart in Elk River, contributed $5,000 and ran a food and fund drive that generated another $2,600 in cash and 1,353... Gov. Dayton Submits Opportunity Zone Recommendation to U.S. Treasury http://econdev.elkrivermn.gov/elk-river/news/?item=17814 econdev.elkrivermn.gov/elk-river/news Thu, 21 Jun 2018 00:00:00 -0700 128 census tracts in Minnesota recommended for Opportunity Zone designation ST. PAUL – Gov. Mark Dayton recommended to the U.S. Department of Treasury 128 low-income census tracts&n... Pathways to Prosperity Awards $17.8 Million Statewide for 57 Workforce Training Programs http://econdev.elkrivermn.gov/elk-river/news/?item=17813 econdev.elkrivermn.gov/elk-river/news Wed, 20 Jun 2018 00:00:00 -0700 Workers with employment barriers receive training for in-demand careers ST. PAUL – The Minnesota Department of Employment and Economic Development (DEED) has awarded 57 grants statewide ...